ICG 12.5% 0.7¢ inca minerals limited

Ann: Quarterly Activities Report - June 2022, page-21

  1. 8,128 Posts.
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    Limitless.

    Firstly, let me say I agree with you on Peru. It was a money pit of incompetence and corruption that only third world countries can provide.

    However, that is where my agreeing with you must end.

    So much has been achieved in Oz since we were led to the promised land by the good Dr.
    We are first movers in what is the most sought after area in Australia at the moment, and have arguably snavelled ( a new word that I have just approved for the English language ) the best part of it.

    All this has been achieved in what must be close to record time for an Aussie exploration company.
    We have been drilling what experts tell us are the best spots and we are awaiting assays.
    Each hole has shown better than expected results on XRF and visuals.

    Do you realize how many holes are sunk in Oz each year and how many actually hit anything other than an old Holden body buried forty years ago?

    Do some research on how many " first " holes are successful.
    I can tell you it is somewhere between .00000000000001% and .00000000000002%, and even that was good luck.

    ICG have been one of the very, very few companies to make a hit on their first hole.
    The first hole in Peru was a big hit which subsequently came to 2/3 of 7/8 of 1/4 of sfa.
    As it turned out it all ended in tears - mostly mine. lol

    Lockitt
 
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